SAN ANTONIO, TX (July 16, 2007) - American Residential Services L.L.C. (ARS), a privately held, nationwide provider of plumbing and HVAC services, has acquired the Will Fix It brand as part of the company's stated strategy for continued growth through acquisitions.
"We have been looking at opportunities to expand our HVAC and plumbing offerings to better serve our customers throughout the San Antonio area," said Will Hawkins, owner and founder of Will Fix It. "Our customers will continue to receive the same high-quality service that we have always provided under the Will Fix It name. This agreement simply allows us to grow our services with the backing of a national company."
Will Fix It has been a major provider of heating, cooling and plumbing services in San Antonio since 1994 and will retain its brand name, staff and operational structure while joining the ARS Network.
"We selected Will Fix It to join the ARS Network of companies because its commitment to quality and exceptional service coincides with our strategic vision for growth nationwide," said Dave Slott, President and Chief Operating Officer of American Residential Services. "ARS is currently focused on growth through the addition of quality service providers such as Will Fix It. Our expansion in San Antonio is also a reflection of our commitment to serve this growing market."
About American Residential Services
ARS® and Rescue Rooter® are leading brands of American Residential Services L.L.C. providing customers across the United States an exceptional service experience through professional heating, cooling, plumbing and drain cleaning services. With a network of 57 company operated, locally managed service locations spanning 24 states and the District of Columbia, these two brands serve both residential and light commercial customers. Based in Memphis, Tenn., American Residential Services L.L.C. has approximately 3,500 employees.
ARS specializes in air conditioning, heating, plumbing and drain cleaning needs, offering repair, replacement and maintenance, as well as HVAC installation for residential new construction. With a knowledgeable team of trained specialists elevating the service experience to provide a new level of comfort, ARS has the professional experience to do any job right ¨C the first time.
Rescue Rooter® is a trusted national brand providing plumbing, drain cleaning and sewer line services through a team of skilled professional plumbers. Always ready to quickly rescue customers from their plumbing problems, Rescue Rooter® technicians are experienced in diagnostic and repair service for plumbing, drain cleaning and sewer line problems.
American Residential Services LLC is owned by Caxton-Iseman Capital Inc., Royal Palm Capital Partners Inc., and management. Caxton-Iseman Capital Inc., www.caxton-iseman.com, is a New York-based private equity firm. Royal Palm Capital Partners Inc., www.rpcp.com, is a private equity investment and management firm, and through its affiliates, the owner of publicly and privately held companies.
For more information about ARS® and Rescue Rooter®, visit www.ars.com or www.rescuerooter.com.
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